Senior Accountant

McDermott; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

An established industry player is seeking a Senior Accountant who will leverage their expertise to enhance accounting practices. In this pivotal role, you will tackle complex challenges, ensuring compliance with tax regulations and maintaining accurate financial records. Your contributions will directly impact operational efficiency and support various teams within the organization. This position offers a chance to work independently while collaborating with experienced colleagues, making it ideal for those looking to advance their career in a dynamic environment. If you're ready to make a significant impact in the accounting field, this opportunity is for you.

Qualifications

• 3-4 years of relevant post qualification experience required.
• Good understanding of IFRS is essential.

Responsibilities

• Maintenance of all tax and related accounting records.
• Preparation of standalone and consolidated statutory accounts.
• Calculation of corporate tax liability and arranging payments.

Skills

Good communication skills

Ability to multi-task

Ability to work independently

Education

Qualified Chartered Accountant

Equivalent qualification from internationally recognised institute

Job description

Job Overview:

The Senior Accountant uses best practices and knowledge of internal or external issues to improve the accounting discipline within McDermott. They will act as a resource for colleagues with less experience and share their conceptual and practical expertise related to the accounting discipline. The Senior Accountant solves complex problems and uses discipline-specific knowledge to improve their products or services. The Senior Accountant impacts a range of customers, operational, project, or service activities with the accounting team and other related teams and ensures that they work within the appropriate guidelines and policies.

Essential Qualifications and Education:

• Qualified Chartered Accountant or equivalent qualification from internationally recognised institute
• Around 3-4 years of relevant post qualification experience
• Good understanding of IFRS
• Good communication skills
• Detailed experience in own discipline
• Ability to multi-task and manage tight reporting schedule
• May undertake projects and share expertise
• Ability to work independently with minimum amount of supervision

Key Tasks and Responsibilities:

• Maintenance of all tax and related accounting records on a jurisdictional and/or entity basis.
• Preparation of standalone and consolidated statutory accounts for larger legal entities, ensuring these are fully audited, signed off by all parties and filed with the relevant authorities before the due date.
• Preparation, review, sign off and filing of all more complex tax returns for each of the relevant jurisdictions in which McDermott has operations with tax reporting responsibilities.
• Calculation of corporate tax liability, on a statutory basis, in respect of all actual and forecast taxable income or expense.
• Arranging payment of advance taxes, where relevant, and make settlement of all tax liabilities.
• Liaise with professional advisors to agree tax assessment amounts and obtain tax clearance certificates as soon as possible after filing the relevant tax returns.
• Prepare reconciliations of General Ledger indirect tax accounts on a monthly basis.
• Prepare and submit WHT, VAT, and Service Tax returns to satisfy all legislative reporting requirements and arrange payment of all amounts falling due in the respective jurisdictions.
• Prepare and progress tax deduction certificates, Challan for withholding taxes paid, employee tax returns and sundry reporting in support of departmental activities.
• Liaise with the bidding department and prepare/review the tax calculations and ensure all taxes are included in the bid.
• Assist with departmental tasks as may be assigned on an ad hoc basis from time to time.